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Cable Update (GBPUSD)

  • #339,161
  • Apr 19, 2013 11:36am Apr 19, 2013 11:36am
Quoting Tradedly
Cable in a highly technical mood: http://youtu.be/g7b3WKMatU8
  • #339,162
  • Apr 19, 2013 12:22pm Apr 19, 2013 12:22pm
The day may end in a conclusion: 1.5212 the meeting point between 1.5176 61.8% Fibo and 1.5270
Further Consolidation to next week.
Trade according to current market condition, not what you think would be.
  • #339,163
  • Apr 19, 2013 12:22pm Apr 19, 2013 12:22pm
the way i look at it in H1 chart will continue below 1.52 but not to extend to 1.5175, if this will breakout then I'm looking deep up to 1.48 Good luck for all of us
Attached Image
  • #339,164
  • Apr 19, 2013 12:40pm Apr 19, 2013 12:40pm
Quoting Tradedly
Cable in a highly technical mood: http://youtu.be/g7b3WKMatU8
like.......

(btw, i hate facebook but "i like" this vid)
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #339,165
  • Apr 19, 2013 12:40pm Apr 19, 2013 12:40pm
Quoting Tradedly
Cable in a highly technical mood: http://youtu.be/g7b3WKMatU8
I would really appreciate you if you tell me this technical analysis by explaining the big fall from 1.6380 to 1.4830.

Attached Image (click to enlarge)
Click to Enlarge Name: GBP.jpg Size: 154 KB
  • #339,166
  • Apr 19, 2013 12:41pm Apr 19, 2013 12:41pm
Quoting baherhosni
like....... (btw, i hate facebook but "i like" this vid)
You may explain what had happened. Can you forecast these movements before happening?
  • #339,167
  • Apr 19, 2013 2:05pm Apr 19, 2013 2:05pm
Quoting Tradedly
Cable in a highly technical mood: http://youtu.be/g7b3WKMatU8
I agree, I find it's the most technical pair
Come with me if you want to live....
  • #339,168
  • Apr 19, 2013 2:56pm Apr 19, 2013 2:56pm
I closed my long position with some profit. I hate GU right now, is not deciding for a long-term direction. Nice weekend everybody.
  • #339,169
  • Apr 19, 2013 3:09pm Apr 19, 2013 3:09pm
Quoting Maso
You may explain what had happened. Can you forecast these movements before happening?

hi maso, its nice to see that you are still at grabbing everyone by the neck while you reply to them hehe
well the answer is no.. i cant predict ANY movements. not even tradedly whom post i liked. the guy just demoed that GU is behaving in a very tech manner as it is correcting its movements thats all. which it simply good for traders in general.. right?

about the fall, my personal view was (i even posted something to that effect back 2012 . but i was less talkative at the time) that the 2012 olympics played a big role in taking the price above the 1.6000s in the first place. when it was over and everyone went back home, the demand just "poff" vanished. of course tangle tat with the bad economy and the figures that came out plus the euro and you get to that fall, drop or whatever you wanna call it.. that was my view and is still my view of what happened...

cheers

oh you can let my neck go now..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #339,170
  • Apr 19, 2013 3:23pm Apr 19, 2013 3:23pm
Quoting baherhosni
hi maso, its nice to see that you are still at grabbing everyone by the neck while you reply to them hehe well the answer is no.. i cant predict ANY movements. not even tradedly whom post i liked. the guy just demoed that GU is behaving in a very tech manner as it is correcting its movements thats all. which it simply good for traders in general.. right? about the fall, my personal view was (i even posted something to that effect back 2012 . but i was less talkative at the time) that the 2012 olympics played a big role in taking the price above...
Thanks mate for your invaluable analysis. Have a nice weekend.
  • #339,171
  • Apr 19, 2013 6:37pm Apr 19, 2013 6:37pm
I'll be interested to see how long this bear rampages for.

Approaching potential support next week
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 38 KB
Come with me if you want to live....
  • #339,172
  • Apr 19, 2013 7:13pm Apr 19, 2013 7:13pm
Quoting Ill-b-back
I'll be interested to see how long this bear rampages for. Approaching potential support next week {image}
As we are watching an impressive weekend, we then may see a gap in the opening of the next week.
  • #339,173
  • Apr 19, 2013 7:36pm Apr 19, 2013 7:36pm
Quoting Maso
As we are watching an impressive weekend, we then may see a gap in the opening of the next week.
Impressive weekend??

What do you measn by this?
Come with me if you want to live....
  • #339,174
  • Apr 19, 2013 9:07pm Apr 19, 2013 9:07pm
Quoting Ill-b-back
Impressive weekend?? What do you measn by this?
G20 meeting and IMF meeting
Trade with passion
  • #339,175
  • Apr 19, 2013 11:28pm Apr 19, 2013 11:28pm
Quoting jenoss
G20 meeting and IMF meeting
Ok thx
Come with me if you want to live....
  • #339,176
  • Apr 20, 2013 1:44am Apr 20, 2013 1:44am
I have posted my coming week's Cable TA chart and analysis for those who are interested here:

http://www.forexfactory.com/showthre...91#post6622791
  • #339,177
  • Apr 20, 2013 2:44am Apr 20, 2013 2:44am
Quoting Purple
I have posted my coming week's Cable TA chart and analysis for those who are interested here: http://www.forexfactory.com/showthre...91#post6622791
i like your analysis nice and simple
  • #339,178
  • Apr 20, 2013 3:45am Apr 20, 2013 3:45am
pullback time for £
Attached Image (click to enlarge)
Click to Enlarge Name: gbplfxdaily d1 20-4-13use.png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #339,179
  • Apr 20, 2013 3:47am Apr 20, 2013 3:47am
just wonder why the tls drawn like that ?


Quoting Purple
I have posted my coming week's Cable TA chart and analysis for those who are interested here: http://www.forexfactory.com/showthre...91#post6622791
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #339,180
  • Apr 20, 2013 4:02am Apr 20, 2013 4:02am
usd lfx d1 ,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdlfxdaily 20-4-13 d1.png Size: 33 KB
Click to Enlarge Name: usdlfxdaily d1 20-4-13 zoomed.png Size: 36 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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